CoinScoopBitcoin rises as Bank of Japan hikes interest rates to 31-year high
The Bank of Japan has raised its policy interest rate to 1.25%, marking a 31-year high. Following the announcement, the price of Bitcoin against the Japanese Yen saw an increase, amid broader discussions regarding the risks associated with Yen-based borrowing.
Summaries are written by AI from the original article. Not investment advice.